Genon Energy Inc (NYSE:GEN) is scheduled to release last fiscal quarter's results before the opening bell on Wednesday November 9, 2011.
GenOn Energy, together with its subsidiaries, provides energy, capacity, ancillary, and other energy services to wholesale customers in the energy market in the United States. The company was founded in 1982 and is headquartered in Houston, Texas. GEN trades an average of 7.1 million shares per day.
- 52 Week High: $4.35
- 52 Week Low: $2.47
- Book Value: $6.95
- Float Short: 4.26%
Analysts are expecting an improvement of $0.08 in earnings per share compared to last quarter's results of $-0.01. A beat of $0.07 per share, will top the estimated per share earnings. Analyst estimates range between $0.02 and $0.12 per share.
In the last month, the stock has increased in price 5.54%, and changing from last year at this time -26.10%.
When comparing to the S&P 500, the year to date difference is -24.67%.
For the same fiscal period year-over-year, revenue has declined to $2.27 billion for 2010 vs. $2.31 billion for 2009. The bottom line has falling earnings year-over-year of $-50.00 million for 2010 vs. $494.00 million for 2009. The company's earnings before income and taxes are falling with an EBIT year-over-year of $-324.00 million for 2010 vs. $642.00 million for 2009.
Here is a look at the fiscal year revenue:
click to enlarge
Gross reported revenue compared to the mean estimate (rounded).
|Fiscal Quarter Ending Month-Year||Revenue Estimates||Actual||$ Difference||Difference %|
|Jun-11||$ 806.63 M||$ 812.00 M||$ 5.37 M||0.67%|
|Mar-11||$ 819.10 M||$ 814.00 M||$ -5.10 M||-0.62%|
|Dec-10||$ 535.91 M||$ 567.54 M||$ 31.63 M||5.9%|
|Sep-10||$ 561.60 M||$ 697.56 M||$ 135.96 M||24.21%|
|Jun-10||$ 397.76 M||$ 400.20 M||$ 2.44 M||0.61%|
Differences are rounded. (Some onetime items are often excluded in reported EPS)
Reported earnings per share compared to the mean estimate. Differences are rounded.
The total short interest number of shares for GEN
The number of days to cover short interest based on average daily trading volume for GEN.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.